La Presse is reducing all of its employees’ salaries by 10 per cent and temporarily lowering the employer’s contribution to the defined contribution pension plan. In a press release, the Quebec-based digital newspaper said this translates to an average 14 per cent pay cut for all employees, including its unionized workforce. “This extraordinary situation is […]
The majority (61 per cent) of global employees believe their employers are preparing them for the future of work and 55 per cent said they trust their organization to reskill them if their job changes as a result of automation, according to Mercer’s 2020 global talents trends survey. However, the survey, which polled more than […]
With the coronavirus pandemic rapidly evolving, the global employment landscape is facing unprecedented challenges. Looking at short-term disability programs, benefits plans, human resources policies and legal obligations, Benefits Canada hosted a panel of experts in a webinar on March 19 to answer plan sponsor questions. Click here to find out what you missed. For individuals […]
Ontario employers suddenly concerned about cash flow in the wake of the coronavirus will see some relief from measures announced by the provincial government in a special fiscal and economic update on Wednesday. The government is enacting a temporary change to the employer health tax exemption, cutting it by $355 million. With the change, 57,000 […]
The federal government will provide a $2,000-per-month taxable benefit for up to four months for Canadians who have been financially impacted by the coronavirus. The Canada Emergency Response Benefit, an amalgamation of two previously announced benefits, will be available to workers who’ve lost their jobs, are sick or quarantined and are taking care of someone […]
As employers across the globe adjust their work environments to help slow down the spread of the coronavirus, one thing that shouldn’t get lost in the fray is a focus on supporting employees’ mental health. Employees are facing a myriad of stressors right now, including financial worries about the effects of the volatile market on […]
The British Columbia government says it will be deferring employer health tax payments until September 30. The measure, introduced on Monday, is for employers with a payroll over $500,000 since businesses with a payroll under this threshold are already exempt from the tax. The provincial government is also providing a tax-free $1,000 payment to people […]
While many retailers are maintaining pay and benefits for their store-based staff amid temporary closures caused by the coronavirus crisis, what about employees who are still coming into work and serving the public? Loblaw Companies Ltd. is stepping up. Following discussions with the United Food and Commercial Workers union, it’s adding $2 to the hourly […]
Nav Canada’s air navigation specialists are receiving a new end-of-career leave program and a three per cent wage increase in their new collective agreement. The workers, represented by Unifor Local 1016, voted 97 per cent in favour of ratifying the agreement. The wage increases on salaries and premiums are retroactive to July 1, 2019. The end-of-career […]
Employees are mostly satisfied with employers’ communications around the coronavirus crisis, according to a new survey by Fierce Inc. The survey polled more than 1,000 people last week, prior to the World Health Organization declaring the coronavirus outbreak a pandemic. It found nearly 70 per cent felt their employer was very or somewhat clearly communicating […]